Washington: Democratic White House hopeful Hillary Clinton on Tuesday called her Republican rival Donald Trump a potential disaster for the economy, saying the "the king of debt" would cause a "Trump recession."

"He made a fortune filing bankruptcies and stiffing his creditors," Clinton said of Trump. "The United States of America doesn`t do business Trump`s way," she added.

Clinton`s speech comes as the pair gears up for what is expected to be a fierce battle for the presidency ahead of the Nov. 8 election. Trump is set to deliver a speech on Wednesday in New York criticizing Clinton.